Women in Banking

Big banks mostly mum about sexual harassment policies

02/15/18

Very few of the 20 largest banks in the country would answer just a few basic questions about their policies and programs around sexual harassment. But — trust them! — they are committed to equality. Even Maria Contreras-Sweet is kept out of critical meetings, though perhaps this wasn’t a “no girls allowed” situation, like at Point72 Asset Management.

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BMO Harris names Canadian exec to lead U.S. personal, business banking

02/15/18

Erminia Johannson's promotion is part of an effort by BMO Financial to generate more revenue from its U.S. operations.

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The business case for eliminating gender pay gaps at banks

02/15/18

Natasha Lamb, the activist investor who got four large banks to publish adjusted gender pay gaps, explains why companies with gender diversity perform better.

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In management shuffle, SunTrust names new CFO, co-COOs

02/14/18

Allison Dukes will succeed current CFO Aleem Gillani when he retires at the end of this quarter, while Mark Chancy and Beau Cummins will become co-chief operating officers immediately.

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Mastercard says men earn more than women for equal performance

02/13/18

Women who work at Mastercard Inc. earn 99.1 cents for every dollar men make for “equal performance at the same level,” according to a report the company released Monday.

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Banking’s response to #MeToo: Training employees to speak up

02/12/18

Strong policies against sexual harassment appear to be a factor in shielding banks from the public shamings that have occurred in other industries, but even they know they can’t get too complacent. Some are ditching old training sessions and trying new things like coaching witnesses on how to report demeaning behavior.

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Stay relevant (but not with lady snack chips)

02/08/18

The journey Diane Morais is taking Ally on is all about being more relevant to customers. Doritos offers a lesson on how to do the opposite. CIT's Ellen Alemany says banks are 'terrific' about addressing sexual harassment. But what about the gender pay gap and boardroom balance?

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Banking had its #MeToo moment two decades ago: CIT’s Alemany

02/07/18

After facing a landmark sexual harassment lawsuit in the mid-1990s, the banking industry has improved its codes of conduct and training on sexual harassment issues, CIT Chief Executive Ellen Alemany said during a panel discussion Wednesday morning.

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Banks need more women in senior leadership

02/06/18

With workplace equality in the spotlight, it’s time for the banking industry to step up.

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The weak point in banks' rosy pay-gap numbers

02/02/18

Large banks have begun sharing their adjusted gender pay gap ratios — how much women are paid versus men for similar jobs. The trouble is, they don’t have similar jobs.

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